If you are in the trade already than congrats ! If not yet... Be careful & don't rush... Sometimes is a much better to look for something else instead of taking "halfway "trade already... Don't rush... You still got all year to trade! ;) PS: printer friendly "KISS" chart... & BTW...leverage *10 on Binance recommended... ;)
This is an update to current SQ idea from December: Stock experienced some pullback around Dec fed meeting. uptrend remains in place. 3 price targets in sight time frame: No Crystal Ball but with positive market conditions 3 to 5 months Thanks - May the fed be with you!
The ETH Buyers won this fight, I saw a breakout early this morning but a sudden pull back on the trendline. it did not faith at all and stayed strong above 3600$. now what ? I expect an attack ! ETH 3700$ Target the above Structure. Add little margin if you are in a trade if not enter at smaller amount for risk management.
The BINANCE:ETHBTC pair remains in a long-term uptrend on the #1W chart, despite the recent retracement. Key Levels to Watch: Support Zone: ? 0.033–0.037: Strong support backed by high volumes on previous tests. This area has consistently shown resilience. Resistance Zone: ? 0.0397: A critical level. A breakout and weekly close above this will signal further upside potential. Growth Perspective: Holding the weekly trend and successfully testing key levels suggests "bottoming out". Long-term growth is supported by CRYPTOCAP:ETH ’s fundamental strength and the preservation of its bullish structure. Fractals point to the potential for significant upward movement, provided no new lows are formed. Entry Points: 1️⃣ Aggressive Entry: Long within the $0.033–$0.037 zone (on confirmed support). 2️⃣ Conservative Entry: Wait for a weekly close above 0.0397 for added confirmation. Take-Profit Targets (TP): TP1: 0.049 — Immediate target on breakout. TP2: 0.055 — Upper boundary of the nearest range. TP3: 0.082 — Major resistance en route to highs. TP4: 0.095 — Long-term target. Invalidation Level: ❌ A weekly close below 0.033 negates the current bullish scenario and increases the likelihood of further downside.
Strong profit-taking level on the Daily with an entry at 1.98203, targeting 1.98466. If there is a significant move down into this level, there's a high probability of a pullback occurring. Let me know if you have any questions or need further clarification!
ATOM - USDT UPDATE on the 4th of January... What happened in the last 4 days ??? Well, account "went" double & plenty of room to go further.... I do hope you are all in the profit already... if not... blame yourselves only ! ;) PS: printer friendly "KISS" chart
You should be preparing for the 2 big macro events coming up this week! On Tuesday at 10 am ET, the US JOLTS job openings data will be released. Also, on Friday at 7:30 am ET, the US Non-Farm Payrolls data will be released. These job data reports are crucial for deciding how the FED will cut interest rates in 2025. If these data points are less than expected this is bullish for crypto because: Fewer jobs = Weaker economy = Lower interest rates = CRYPTOCAP:BTC rally. (1) Otherwise, CRYPTOCAP:BTC may be bearish in the short term until Trump's inauguration. (2) Either way we are going higher after Jan 20th, so just prepare now!
BINANCE:DOTUSDT is on fire ? Don't miss out! As soon as the price goes above the ichi's cloud then there is basically nothing stopping it from reaching higher targets and Polkadot would reach $11 in no time. If the sentiment is still bullish and the altcoin season happens it can reach $15
AMZN Chart and TA: Bull flag/pennant it has formed on the 4hr and daily. If it breaks out of that to the upside with a strong volume candle, it should fill the gap at $226.67 then test the resistance levels overhead as it tries to push to $231.50 short term. Measured move if it can sustain the upside breakout would put it in that $235-$240 range. If it breaks to the downside to invalidate the bullish setup, it will test that trend line and $218.16 support confluence. If that breaks, it would short term head to $214.31 to test and potentially head back to $200 if that can't hold.
BINANCE:MAGICUSDT is days away from breaking above this gigantic triangle pattern. It pumped back up quicker than most of the altcoins and I would definitely put this one in my altcoin basket. The price target for magic is $3 when the break out happens. Don't miss out! It can go even higher than that but I would play it safe and probably cash out at $3 just to be safe.